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Summary

Gap insurance protects you against the depreciation in value of a vehicle. If a vehicle is written-off in an accident or stolen, your insurance settlement will be based on the current cash value of the vehicle, not the outstanding loan balance. This may create a discrepancy or ‘gap’.

Scope

We provide supplementary coverage to protect you against financial loss when your car, motorbike, van, motorhome or commercial vehicle is written off or stolen.

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Property